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marlow4 » Comments » LDK
More on LDK by marlow4
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If You Like Solar, LDK Is a Good Bet [View article]
You are correct, actually on the way up there was the Q cells deal, bullishness over the Q3 results, and the accounting bill of good health. But I think the last one was what really kicked the price up into the 70s.
Definitely not a stock for the faint of heart, too. Seems like the slightest morsel of news sends it up, or down, 20%.
(I was lucky enough to have bought in at $35, took some profits near the top but am seriously considering taking advantage of this new drop to enlarge my position again.)
If You Like Solar, LDK Is a Good Bet [View article]
At the time they still hadn't been exonerated on the accounting issues. Once they were cleared of that the market's view of its riskiness changed completely and that's what set off the wild ride we've had since.